New Recession around the corner
They have been telling us that the recession has been over since 2009. Technically this may be true because National GDP has seen small rises since then, but to most of us it still feels like we are in a recession.
Banks still are not lending money to businesses. The Job picture still remains bleak. The unemployment rate is the number that gets all of the attention, but the underemployment number continues to hover in the high teens.
Now we have one of the most respected economist when it comes to predicting recessions telling us that the economy will "officially" be in recession status by the end of summer 2012.
What do you do with you money during these times. You have worked hard to save money, but there are few places you can put your money that will spit off the returns you want yet protect your money from risk of losing it all.
The AMOSO investment program is currently generating returns in the double digits for its investors, and their capital investment is backed by a piece of real estate.